The floor pivot points, presented in the first column of the calculation results table, are the most basic and popular type of pivots used in Forex trading technical analysis. The pivot point is interpreted as the primary support/resistance level — the point at which the main trend will be born. First-third level resistance and support points serve as additional indicators of possible trend reversal or continuation. Pivot Point Calculator - Chart Formations Pivot Point Calculator Pivot points are predictive indicators that were first used by floor traders. They are used to identify key support and resistance levels that can be used to forecast the direction of the market based on where the market opens in relation to the price data from the previous period.

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